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Profitable Car Dealers Company Investment Opportunity in Nairobi, Kenya

Online car marketplace in Kenya where car buyers and car sellers meet and trade.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales INR 5.3 crore
Run Rate Sales INR 9.6 crore
EBITDA Margin 10 - 20 %
Industries Car Dealers + 1 more
Locations  Nairobi
Local Time 4:12 AM Africa / Nairobi
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 66 lakh for 20.0% stake (Native Currency: KES 10,000,000)
Reason: - Seeking KES 10,000,000 (90,000 USD) - We are looking for 12 months of financing to reach the enti... View More
Includes physical assets worth INR 20 lakh
Interested to connect with advisors
Documents
Business Overview
- This is a platform that provides car importers with peace of mind as it helps them source and deliver cars from overseas with ease.
- This is an online platform for buying, selling, marketing and advertising of cars on sale.
- This platform is operational since 2014 and has good presence in Kenya.
- Business is growing at rate of 30% per year. Have business relations with 100 overseas and 500 local car dealers.
- More than 100 cars are sold monthly through the platform.
- The company imports an average of 15 cars a month from overseas countries for our customers.
- The business has also started selling spare motor parts using the e-commerce website.
Products & Services Overview
- Import of pre-owned cars from foreign markets.
- Marketing, advertisement and sale of car leads to car dealers.
- Sale of car leads from Kenyan market to local overseas dealerships.
Assets Overview
Website, personal computers and company car and office infrastructure.
Facilities Overview
Rented office space along Ngong road Nairobi.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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